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Ryan Hanley

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
11278 total appearances

Appearances Over Time

Podcast Appearances

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Let me socialize it among my team and I'll get back to you in a month.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

You know, like, like now, you know, now you're just sitting there and, and, and purgatory.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

So, uh, I think it's tremendous life advice, not just fundraising advice, but I think this like, is it,

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

You know, I guess for me, this idea of thinking through abundance and scarcity, while it feels ethereal to a certain, I think to some people who are very kind of tactile, it really is a core to where you started, right?

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

If you're not thinking from a place of abundance, you're not going to make 200 phone calls because you're going to think after the first 10, I'm screwed.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

No one wants this.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

There's no other opportunities out there.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

And you

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

you have to believe, you know, if you believe in your vision, your mission, or in this case, your investment thesis, you have to believe there's eventually gonna be someone who agrees with you and wants to come in, or you're almost dead on arrival.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Yeah.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Yeah.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I I'm with you.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I think if you're upfront with who's a good fit and who's not, and believe that there's enough opportunity out there that you will eventually find it, that just becomes a filtering mechanism.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Like, you know, I've, uh, the first time I raised money, you know, one of the investors that we brought on, like, I wish we hadn't like in hindsight, you know what I mean?

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

So it's like, we were kind of, instead of providing a V

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Let me frame this the right way.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

We made what I would consider a classic mistake in that we glossed everything to make it seem right for this particular investor, where I think if we were maybe a little more pragmatic, not that the business was bad.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

I mean, the business ended up doing fine and everything was good.

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

But for this particular investor, if we had just been kind of

Finding Peak w/ Ryan Hanley
200 Rejections to a Billion-Dollar Exit: Larry Cheng on Resilience and Growth

Fully transparent and exactly real with where we were going.